SEC Form 4 · accession 0001502484-17-000002
CINCINNATI BELL INC · CBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore H. Torbeck
Officer — Chief Executive Officer
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 2:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000716133
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 26, 2017 | A | 99,740 | $22.50 | A | 297,275 | D | |
| Common StockF2 | Jan 26, 2017 | F | 47,557 | $22.50 | D | 249,718 | D | |
| Common Stock | holding | — | — | — | 197,535 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to BuyF3 | $23.75 | holding | — | — | — | Jan 31, 2014 | Jan 30, 2023 | Common Stock | 23,877 | 23,877 | D |
Explanation of responses
- F1Common shares issued upon vesting of performance units granted under the Cincinnati Bell Inc. 2007 Long Term Incentive Plan with is a Rule 16b-3 plan.
- F2Surrender of common shares to cover tax liabilities upon vesting of performance units.
- F3Option shares granted under the Cincinnati Bell Inc. 2007 Long Term Incentive Plan, which is a Rule 16b-3 plan.